The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
American investors seem to like this. Recovered 3% between 2.30 and 2.45pm and seems to be staying at 143 ish
We'll see what happens next week when we're in the 100 club.
Why is this dropping like a stone today any ideas? Strengthening US dollar?
In the recent rns
'the Company expects to send on or about 7 December 2021, the Circular to Qualifying Shareholders, containing full details of the Open Offer together with an Open Offer application form.'
'Qualifying Shareholders entitlement to subscribe for Open Offer Shares will be based on their holding at 6.30 p.m. on the Record Date, being 3 December 2021.'
Entitlement is 1 open offer share for every 30 held.
No idea but same thing has happened to SEQI
Big potential but might take a year or two
May be the drop is due to the recent story on Uighurs being used in manufacture of solar panels. Presumably alternatives would be more expensive and therefore increase costs.
There seems to be a few selling here. Why I don't know. The development value of the land owned by the company is worth
£3 billion !!!! M/c presently £146m! Number of homes completed and profit is also increasing.
Testing has commenced at the new testing centre in London using Virolens. Take a look at https://instant-covidtest.com/
Expect this to be the first of many such facilities opening in the near future. It will dawn on investors eventually this is the real deal. Polar are obviously convinced - bought 5% last week! Buy now at a knock down price!
The MHRA are obviously convinced by the data submitted to grant approval. Reportedly a trial was carried out over 3 weeks at Heathrow during the winter ie since September when the ft article was issued.
Hopefully some of these will be put into use very soon and I think then orders will snowball.
The Histate website https://www.histate.co.uk/virolens-test-centres.html shows how testing procedure works and is logged and certificate issued via an app.
Looks like it could be a game changer.
Its oscillating from +4 to -2% ie basically staying strong same as close yesterday Hopefully we'll get a statement soon explaining the 60% rise.
£18m mcap and they've just pulled in £30m from this sale. Surely this will rerate or I am missing something?